Capitol Centre (previously: Capitol Exchange Centre) is an indoor shopping centre in the city of Cardiff, Wales. The building is built on the site of the former Capitol Cinema and theatre, and is situated at the eastern end of Queen Street near the Dumfries Place bus terminus and Cardiff Queen Street railway station. It advertises itself as the premier shopping destination in Cardiff, with a focus on the higher end of women's fashion, including tenants such as, Jaeger, Dune, Phase Eight, Hobbs, Eden Park, Internacionale, Moda in Pelle and Austin Reed. It is anchored by a large H&M store, with the front of the centre being dominated by Sports Direct since Virgin Megastores and Zavvi ceased operations in 2009. Other tenants of the centre include: Cafe Caribe and Soho Coffee Company both long established cafe restaurants. Pulse Cardiff bar and restaurant Orange, 3, Halifax plc, BSkyB, Vidal Sassoon, Monsoon Accessorize, Mac, Boots, Fat Face & Quicksilver. Opened in 1990, the centre was originally built to mimic Victorian architecture which was a very popular style of design during the late 1980s and early 1990s for shopping centres; but the centre was also inspired by many of Cardiff's late 19th century Victorian arcades (much like Queens Arcade which opened in 1994 and more recently the new St. Davids centre expansion). Unfortunately this style of build dated very quickly and in 1999, the centre underwent a £10 million redevelopment, which included the refurbishment of the pedestrian areas, the removal of the food court and new entrances into the centre (although much of the original external facade still remains). It was completed in November 1999.

Future developments The centre had originally also housed a five-screen Odeon cinema up until 2001, however following the closure of the cinema, this area of the centre has not been used. There are plans to develop 164 apartments, plus retail and commercial space and additional car parking facilities at the corner of North Edward Street and Station Terrace. This would provide 50 per cent additional spaces, bringing the total car parking spaces up to 632. The scheme architects are Dobson Architects and it is expected that the new scheme could be completed by 2012. The opening of the extended St David's Shopping Centre and Council changes to road access has had a significant effect on footfall within the centre and been a major driver for the redevelopment of the shopping centre. In additions to the changes above, the redevelopment will include the complete redesign of the first floor shopping space, relocation of the existing tenants and the arrival of a major tenant to occupy the majority of the newly created space.